Monday, September 22, 2008

Utility's Billing Accuracy Questioned – Billions in Overcharges to Unsuspecting Businesses




In today’s business environment, with skyrocketing energy costs and rising interest rates, corporate business managers need to protect positive cash flows by eliminating containable costs. Often times Utility bills are thought to be scrutinized carefully, but not carefully enough apparently.




AmCorp Management, America's leading business enterprise and today's TOP choice by Executives for specialized Corporate services, has revealed that Utility billing errors are at an all time high. These unnoticed additional expenses has become over a $250,000,000,000 (Billion) dollar a year industry in the United States alone. Additionally, the epidemic of overcharges could soar to over a Trillion dollars World Wide in 2009. Can you say the 2nd largest transfer of wealth in the history of the world...




Recent study’s have concluded that eight out of ten invoices reviewed by expert Auditing Firms contain highly elusive errors and overcharges that business owners are not aware of. By having outside professionals conduct a full-scale Utility bill audit, you could potentially return tens if not hundreds of thousands of dollars back into your operating capitol. Some have recovered millions!

Industry experts agree that roughly 92% of all service bills are inaccurate. WHAT? Yes, it truly is staggering when you think about it isn’t it? Billing errors from Electric and Natural Gas companies continue to have problems with systems management and audit updates. These failures are causing unnoticed errors such as incorrect tax configurations, insufficient rate applications, unmanaged cost increase/decrease, erroneous fee structures, un-applied discounts and so many others.


In fact, there are over 50 areas where expert auditing firms like AmCorp Management can identify, substantiate and recover thousands of dollars that may have been overcharged to you without ever realizing it. It’s surprising to most business owners to discover just how much operating capitol they have lost after having a thorough examination of their utility bills from an expert auditor.

There are many auditing firms around, some work on a flat fee basis, and some work on a contingent basis. Whatever audit firm you choose, I recommend a minimum of ten years experience as many techniques have changed over the years. Being part of a National Auditing Firm like AmCorp Management, I can tell you first hand that eight out of ten business owners I speak with, qualify for refunds in multiple areas.

These Industry giants and Government groups always refund your money. All you simply have to do is find the overcharges and ask for it to be refunded. Unfortunately they’re so embedded in complex systems and regulations, but if you do find them, you’ll then get your money and “Oops, Sorry”.





Have you ever wondered what the incentive is for these Corporate enterprises to overcharge their customers? The know that Less than 5% of businesses or people that are overcharged will ever know about it...or ask for their money back. Now if that doesn’t open your eyes, I don’t know what will.

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